North America Freight and Logistics Market – Size, Outlook, Trends, and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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North America Freight and Logistics Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Freight & Logistics plays the most vital role in carrying out a trade, globally. It is a fast-growing and highly competitive industry with several active international and domestic players. Currently, the supply chain management is a complex challenge, due to globalisation and the increased consumption of various products. The freight & logistics industry enables product delivery from one point to another with an efficient supply chain network. The goods are transported through various freight management services, such as air, rail, road, and waterways.

North America Freight &

North America Freight and Logistics Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Logistics Market Segments Size & Growth:

North America freight & logistics market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include economic growth, growing population, growing industrialisation. However, Lack of the government’s commitment to the development of seaports or road networks and reconfigured supply chains, with the growing local production and consumption units are thereby hampering the market growth.

North in most industries,

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North America Freight and Logistics Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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